President Jacob Zuma said Mandela would be buried on December 15 at his ancestral home in the Eastern Cape.» Read More
Just imagine what would have happened to the markets if the debt ceiling wasn't raised. Yesterday, the equity markets fell off a small cliff and gave back the gains for the year. Today, we are watching the markets on a roller coaster ride as investors try to figure out what is really happening in the economy.
The Federal Reserve’s Federal Open Market Committee meets next week to consider monetary policy in light of economic developments since its previous meeting in June. Given the steady stream of weak economic data, it can be expected that the FOMC will at least discuss a further round of quantitative easing – potentially a “QE3” to follow up last fall’s move to QE2.
Weighing in on how to fix the debt crisis in Europe, with Erik Davidson, Wells Fargo Private Bank; Gillian Tett, The Financial Times; and CNBC's Michelle Caruso-Cabrera.
After the Dow Jones fell by 500 points on Thursday, European indices also faced a sell-off at Friday's open.
If part of your investing strategy this year is based on the presidential cycle, you need to acknowledge that things are not going as planned. Streaks last until they don’t. Similarly, if your investing strategy is based on an economic recovery, you will need to acknowledge that growth has slowed.
Markets could rebound after Thursday's global sell-off, but investors should see any bounce as a selling opportunity, as the world economy rolls towards total collapse, Mark Faber, editor and publisher of the Boom, Doom and Gloom Report told CNBC Friday.
Investors should not sell into a selling climax, according to Jim Rogers, the CEO and Chairman of Rogers Holdings.
With the threat of failure to reach a debt deal finally out of the way and the worsening global macroeconomic picture gripping investors, it has been a win- win for US Treasurys so far.
Is it time to buy gold or flee to cash? With all of the hyperbole in the market on Friday following the 500 point fall in the Dow Jones Industrial average on Thursday, and heavy selling in Asia and Europe Friday, the answer might be bottled water, tinned food and shovels.
¿What the consensus is looking for is a mediocre employment number¿..and I think the markets are going to ¿ho hum¿ and continue on with their glum outlook on the US economy,¿ Ellen Zentner, executive director and senior US Economist at Nomura told CNBC.
Jean-Claude Trichet tried his best to provide reassurance to investors on Thursday.
Technical factors played a role in Thursday's unsettling market moves, including the disorderly across-the-board collapse in the price of risk assets in the final hour of trading and the related surge in U.S. Treasuries. But they were not the cause. Rather, they amplified three factors that will determine the fate of markets in the weeks ahead.
One last look at the Asian market open and what's on the radar for tomorrow, with CNBC's Simon Hobbs, Brian Sullivan & Mandy Drury.
The Fast Money crew offers special CNBC.com-only advice on your investments.
Where can investors hide when central banks target safe havens? Hens Nordvig, head of G10 Fx Strategy at Nomura, weighs in.
What are you gonna do when the financial world is falling apart, again. This has to be the 12th or 20th (maybe 50th) time the world has ended during my career.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
The euro will collapse as a currency unless lawmakers, and especially Germany, can agree a common European tax regime and restructure some sovereign debt, a leading market analyst told CNBC.com after the European Central Bank intervened in the markets.
Lost in the whirlwind of the epic debt ceiling debate is the absence of attention to the usual mid-summer White House report resetting the Administration’s economic assumptions and fiscal outlook.
Insight on what he plans for the economy and his run for the GOP nomination, with Rep. Ron Paul (R-TX).